2019-2020 Course 2 - Wisconsin Offers to Purchase

2019-2020 Course 2 - Wisconsin Offers to Purchase

STATE:
CREDIT HRS:
COURSE TYPE:

Course Credit Hrs.
2019-2020 Course 2 - Wisconsin Offers to Purchase 3.00

Approved for the 2019-2020 Biennium.

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Description
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  • This course includes the required Inspection and Testing topic.  Other contingencies or provisions included are Financing, Appraisal Default and Earnest Money. Line references to relevant topics on the WB-11 Residential Offer to Purchase are provided.  

    This course is approved by the Wisconsin Department of Safety and Professional Services for three CE credits for 2019-2020.  Provided with the text are relevant links to statutes and rules and links to the forms discussed in each course.

  • COURSE 2 - WISCONSIN OFFERS TO PURCHASE
    This course includes the required Inspection and Testing topic.  Other contingencies or provisions included are Financing, Appraisal Default and Earnest Money. Line references to relevant topics on the WB-11 Residential Offer to Purchase are provided.  

     
    Section 1 – Inspection and Testing
    - Duty to inspect when working with a buyer
    - Inspections and tests and the difference
    - Inspection and testing contingencies
    - Notices and amendments and when to use them


    Section 2 – Financing and Appraisal Contingencies
    - Buyer's loan commitment and requirements for delivery
    - Seller termination and financing unavailable
    - Offer not contingent on financing
    - Appraisal contingency and when to use it


    Section 3 - Default, Earnest Money, WB-45 Cancellation Agreement and Mutual Release
    - Default of contract on the offer to purchase
    - Earnest money regulations and disbursement
    - WB-45 Cancellation Agreement and Mutual Release

  • Instructor:
    Laurel Stone


    Laurel Stone is northeast Wisconsin’s recognized leader in real estate education. Owner of the Laurel Stone School of Real Estate, she specializes in continuing education and pre-license Salesperson and Broker education. She has taught well over 5000 students since she began teaching in 1988. Prior to teaching she was active in various aspects of real estate, including real estate exchange and marketing sessions in Pennsylvania and Washington, D.C., property management, buyer representation in commercial transactions, and office management. She has also owned and operated her own real estate company.

Requirements


According to the Wisconsin Department of Safety and Professional Services (DSPS), all licensees must complete 18 hours of continuing education in each biennium through six approved 3-hour courses.


Follow these links for additional continuing education information for Wisconsin salespersons and brokers.

The below courses are only approved for Wisconsin.

The Psychology of Pricing & Secrets of the CMA

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